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Registered number: 12912175
Baggott & Sons Holdings Limited
Financial Statements
For The Year Ended 30 September 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12912175
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,124,022 2,604,195
7,124,022 2,604,195
CURRENT ASSETS
Debtors 5 213,066 12,787
Cash at bank and in hand 32,678 20,946
245,744 33,733
Creditors: Amounts Falling Due Within One Year 6 (1,766,289 ) (1,774,849 )
NET CURRENT ASSETS (LIABILITIES) (1,520,545 ) (1,741,116 )
TOTAL ASSETS LESS CURRENT LIABILITIES 5,603,477 863,079
Creditors: Amounts Falling Due After More Than One Year 7 (477,216 ) (516,703 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,147,514 ) (35,638 )
NET ASSETS 3,978,747 310,738
CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 3,296,250 -
Profit and Loss Account 682,397 310,638
SHAREHOLDERS' FUNDS 3,978,747 310,738
Page 1
Page 2
For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Daniel Baggott
Director
8th October 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Baggott & Sons Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12912175 . The registered office is 259, Copnor Road, Portsmouth , Hampshire, PO3 5EE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold No Depreciation
Leasehold Over 20 years
Plant & Machinery Over 10 years
Fixtures & Fittings 20% Reducing Balance
Computer Equipment Over 3 years
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: NIL)
2 -
4. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Fixtures & Fittings
£ £ £ £
Cost or Valuation
As at 1 October 2024 1,960,736 500,908 194,555 1,300
Additions 72,320 - 76,720 -
Disposals - - (1,070 ) -
Revaluation 4,395,000 - - -
As at 30 September 2025 6,428,056 500,908 270,205 1,300
Depreciation
As at 1 October 2024 - - 52,817 565
Provided during the period - - 23,605 147
Disposals - - (687 ) -
As at 30 September 2025 - - 75,735 712
Net Book Value
As at 30 September 2025 6,428,056 500,908 194,470 588
As at 1 October 2024 1,960,736 500,908 141,738 735
Computer Equipment Total
£ £
Cost or Valuation
As at 1 October 2024 565 2,658,064
Additions - 149,040
Disposals - (1,070 )
Revaluation - 4,395,000
As at 30 September 2025 565 7,201,034
Depreciation
As at 1 October 2024 487 53,869
Provided during the period 78 23,830
Disposals - (687 )
As at 30 September 2025 565 77,012
Net Book Value
As at 30 September 2025 - 7,124,022
As at 1 October 2024 78 2,604,195
Page 4
Page 5
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 43,576 13,614
Amounts owed by participating interests 168,776 (43,000)
Other debtors 714 42,173
213,066 12,787
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 100 332,790
Bank loans and overdrafts 37,633 35,779
Other creditors 1,595,627 1,352,131
Taxation and social security 132,929 54,149
1,766,289 1,774,849
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 477,216 516,703
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Reserves
Revaluation Reserve
£
Surplus on revaluation 3,296,250
As at 30 September 2025 3,296,250
Page 5